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Ametek Inc. Bottom Line Drops In Q2

August 04, 2020 — 07:01 am EDT

Written by RTTNews.com for RTTNews ->

(RTTNews) - Ametek Inc. (AME) announced a profit for second quarter that fell from the same period last year.

The company's profit came in at $166.21 million, or $0.73 per share. This compares with $215.50 million, or $0.95 per share, in last year's second quarter.

The company's revenue for the quarter fell 21.7% to $1.01 billion from $1.29 billion last year.

Ametek Inc. earnings at a glance:

-Earnings (Q2): $166.21 Mln. vs. $215.50 Mln. last year. -EPS (Q2): $0.73 vs. $0.95 last year. -Revenue (Q2): $1.01 Bln vs. $1.29 Bln last year.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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